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Assignment6_Group9b.docx - 16-10-2017 Assignment 6:...

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Assignment 6:Monitoring andEarned ValueAnalysis16-10-2017CT3101 BASISAPSECTEN PROJECTMANAGEMENTGROUP 9BMIKE MORITZ-4287932LISE ANDRINGA- 4454952TU DELFTMinor Project Management: from Nano to Mega
1. S-curve:a/b. The S-curve of the actual costs of this project plotted in the same figurewith the S-curve of the baseline planned budget of this project:020406080100020040060080010001200140016001800S-Curve and Earned ValueEVPredicted CostReal CostMonths from 1 January 2007 OnwardsCumulative Cost M£Figure 1: S-curve Queensferry Crossing Bridge of the actual cost and the baseline planned budgetWe assumed that all the activities started at their early start and finish at their early finish, except for the actualcosts where the delays were taken into account. For the budgeted costs following that start have been equallydistributed over the months that the activity was to take. For the actual costs the same method was applied forthe completed tasks.For the tasks that were yet to be completed or were according the WBS yet to start, while still having costsallocated to them the costs have been applied at locations where they would make the most sense. For example:the costs applied to the construction of the road access has been added to the preparatory works for the bridgeas we assumed that the resources needed were bought at the same time in bulk. The total amount of datapoints used in the graph is 106.

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Term
Fall
Professor
N/A
Tags
Project Management, project manager, Earned Value, s curve

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